NO.PZ201602060100001405
问题如下：
If the hryvnia is chosen as the Ukraine subsidiary’s functional currency, Eurexim will translate its inventory using the:
选项：
A.average rate for the reporting period.
B.rate in effect at the end of the reporting period.
C.rate in effect at the time the inventory was purchased.
解释：
B is correct.
When the foreign currency is chosen as the functional currency, the current rate method is used. All assets and liabilities are translated at the current (end-of-period) rate.
考点：current rate method
解析：如果子公司所在地的货币（local currency）是子公司的functional currency， 此时functional currency= local currency，应选择current method转换。
current method所有的资产和负债都是用current rate来转换的。
当functional currncy不等于presentation currency,用current method
当functional currncy等于presentation currency,用temporal method
functional currency= local currency，为何选择current method？
